Kerala

Alappuzha

CC/10/13

Sreenivasan - Complainant(s)

Versus

Chairman, Sreepadam Funds & 2 others - Opp.Party(s)

30 Apr 2010

ORDER

 
Complaint Case No. CC/10/13
 
1. Sreenivasan
Kongappally Veedu, Arattuvazhi Ward
Alappuzha
Kerala
...........Complainant(s)
Versus
1. Chairman, Sreepadam Funds & 2 others
Sreepadam Trust Board, Kanjiramchira
Alappuzha
Kerala
............Opp.Party(s)
 
BEFORE: 
 HONORABLE JIMMY KORAH PRESIDENT
 HONORABLE K.Anirudhan Member
 HONORABLE Smt;Shajitha Beevi Member
 
PRESENT:
 
ORDER

 

 

 

IN THE CONSUMER DISPUTES REDRESSAL FORUM, ALAPPUZHA

Friday, the 30th   day of  April, 2010

Filed on 18.01.2010

 

Present

            1.   Sri. Jimmy Korah (President)

2.   Sri. K.Anirudhan (Member)

3.      Smt. N. Shajitha Beevi (Member)

in

CC/No. 13/2010

 between

 Complainant:-                                                                         Opposite parties:-

 

Sri. Sreenivasan                                                            1.         The Chairman, Sreepadam Funds

Kongappally Veedu, Arattuvazhy Ward                                    Sreepadam Trust Board

Ambalappuzha Taluk, Alappuzha                                              Kanjiramchira, Alappuzha  - 07

                                                           

2.         Sri.V.E. Viswan, Chairman

Sreepadam Trust Board    

Veliyil Veedu, Arattuvazhy Ward

Alappuzha – 7 

 

3.         Sri. D. Rajeevan, (Kshethra Yogam

President), Sreepadam Trust Board

Member, Pulickal Veedu

Kalappuzha Ward, Alappuzha – 07

 

                                                                                    4.         Sri.K.N. Pavithran, Sreepadam

                                                                                                Trust Secretary, Meetheen paramb

                                                                                                Near SRR LPS., Pathirappally P.O.  

                                                                                                Alappuzha – 688 521

 

5.         Sri. S.N. Shaji  @ Thyagarajan           Kshethra Yogam Secretary

            Sreepadam Trust Board

                                                                                                Illickal Veedu, Arattuvazhy Ward

                                                                                                Alappuzha – 7

 

                                                                                    6.         Sri. M.D. Pavithran, Sreepadam

Trust Board Member

Puthuparamb Veedu, Kalappura

Ward, Alappuzha – 07

 

7.         Sri. S. Pushkaran, Sreepadam
            Trust Board Member

Raj Bhavan, Near Kaithathil Temple, Avalookkunnu P.O.

Alappuzha

 

8.         Sri. Sudhan, Sreepadam Trust

Board Member, Panackal Veedu

Kalappura Ward, Alappuzha – 7

 

9.         Sri. K.S. Sajeev, Sreepadam Trust

Chief Accountant, Sreevalsam

Veedu, Arattuvazhy Ward

Alappuzha – 7

 

 

ORDER

SMT. N. SHAJITHA BEEVI (MEMBER)

 

            Sri. Sreenivasan has filed this complaint before the Forum on 18.01.2010 alleging deficiency in service on the part of the opposite parties.  The brief facts of the allegation of the complainant are as follows:-  He was a customer of the opposite party’s from “M/s Sreepadam Funds” from the year 2002 onwards. On the basis of the assurance given by the opposite parties, he had deposited a sum of Rs.21,000/- on 3.7. 2002.  The opposite parties given interest for the said amount regularly up to February, 2006.   Complainant further submitted that, he received an amount of Rs.2,200/- from the action council on 14.9.2007 in out of total amount already deposit.    When contacted the opposite parties it was seen that they have left the place after locking the institution.  In spite of several repeated request the opposite parties have not repay the principal amount or interest so far.  Hence this complaint seeking relief.

 2.  Notices were issued to the opposite parties.   But they were not turned up before the Forum, hence they were set exparte.

 3.  Considering the contentions of the complainant, this forum has raised the following issues:-

1)      Whether the complainant is entitled to get the repayment of the amounts alleged?

2)      Whether the complainant is entitled to get the compensation and cost?

 

 4.  Issues 1 and 2:-   On the part of the Complainant he has filed proof affidavit along with the document in evidence.-  Ext. A1 – original pass book issued by the opposite parties in favour of the complainant.  It shows that details of the transaction including the payment of interest and the outstanding balance of Rs.21,000/-.  

            5.  On a careful readings of entire matter of the case it can be seen that the complainant has deposited the amount on the assurance given by the opposite party regarding the payment of principal amount and interest. For a cretin period the opposite parties paid interest to the complainant and later defaulted the payment of interest. The complainant requested the opposite parties to return the principal amount with the interest.  But the opposite parties willfully default the payment.   The entire action of the opposite parties will come within the purview of deficiency of service and culpable negligence. The opposite parties acted illegally and without any authority and there is no justification on the part of the opposite parties to retain the amounts deposited by the complainant. The complainant is fully entitled to get the deposited amount together with its interest from the opposite parties. The entire action on the part of the opposite parties will come within the purview of dereliction of duty, and it will amounts to cheating.  In this context, we are of the view that, since there is deficiency in service and culpable negligence by way of denial of repayment of amount to the complainant the opposite party is bound to pay compensation and costs to the complainant. All the issues are found in favour of the complainant.

Hence, for the ends of justice, we hereby direct the opposite parties to return the deposited amount of Rs.18,800/-  (Rupees eighteen  thousand  and eight hundred only) to the complainant, together with interest at the rate of 12% from February 2006  till the date of repayment of the entire amount and pay a compensation of Rs. 2,000/- (Rupees two thousand only) to the complainant for his mental agony, pain, sufferings, physical strain and inconvenience due to the deficiency in service and culpable negligence on the part of the opposite parties by way of denial of the return of deposited amounts and its interest in time and pay a cost of Rs.1,000/- (Rupees one thousand only) as costs for this proceedings. We further direct the opposite parties to pay the above said amounts to the complainant, within 30 days from the date of receipt of this order.

Pronounced in open Forum, on this the 30th day of  April,  2010.

                                                                                                  Sd/- Smt. N. Shajitha Beevi :

                                                                                   

  Sd/- Sri. Jimmy Korah:

                          

  Sd/- Sri. K. Anirudhan:

 

                                                                                     

                                                                                       

Appendix:-

Evidence of the complainant:-

 

Ext. A1                        -           Original pass book

 

Evidence of the opposite parties:-          Nil

 

 

// True Copy //

 

                                                                                                                        By Order

 

 

                                                                                                            Senior Superintendent

To

         Complainants/Opposite parties/S.F.

 

 

Typed by :-pr/- 

Compared by:-    

 
 
[HONORABLE JIMMY KORAH]
PRESIDENT
 
[HONORABLE K.Anirudhan]
Member
 
[HONORABLE Smt;Shajitha Beevi]
Member

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